Case Name: Petition(s) for Special Leave to Appeal (C) No(s). 6465-6518/2025
Court/Authority: Supreme Court of India
Case/Order No.: IA No. 119873/2026 (listed), IA No. 160671/2026 (implementation)
Date of Order: 22-05-2026 (hearing date), digitally signed on 02-06-2026
Period of Violation/Dispute: Not specified in the order
Parties Involved
Petitioner(s): Atul Saran Kapoor et al.
Respondent(s): M/S R.S. BUILTWELL PVT. LTD. & Others
Counsel for Petitioners: Mr. Shoeb Alam (Sr. Adv.), Mr. Aditya Parolia, Mr. Akshay Srivastava, Ms. Sumbul Ismail, Ms. Avani Sharma, Mr. Khalid Ali, Mr. Girish Ahuja, Mr. Anshul Gupta, Mr. Utkarsh Joshi Dayakrishan, among others.
Counsel for Respondents: Mr. Ardhendumauli Prasad (Sr. Adv.), Mr. Umang Shankar, Mr. Vaibhav Sharma, Mr. Ankit Kumar, Mrs. Neha Shankar Srivastava, Ms. Aishani Mohan, Ms. Ruchira Goel, Mr. Sharanya, Ms. Ritika Rao, Ms. Rishika Rishabh, Mr. J Sai Deepak (Sr. Adv.), Mr. Abhaid Parikh.
Bench: Hon'ble Mr. Justice M.M. Sundresh, Hon'ble Mr. Justice Nongmeikapam Kotiswar Singh
Issues / Allegations / Violations
The petition sought special leave to appeal against multiple earlier judgments dated 18‑10‑2024 and 22‑11‑2024 across numerous EA numbers.
The court perused an affidavit filed by the respondents and considered the need for a monetary security to ensure compliance with the pending proceedings.
Findings & Observations
The Supreme Court, after reviewing the affidavit, determined that a security deposit was appropriate to safeguard the interests of the petitioners pending final resolution.
No detailed factual findings beyond the affidavit review are provided in the order.
Penalties / Settlements / Directions
Monetary Direction: Private respondents are directed to deposit Rs. 6 crore within two months from the date of the order.
Security Holding: The deposited amount shall be kept in a Fixed Deposit Receipt (FDR) for an initial period of six months.
Procedural Direction: IA No. 160671/2026 seeking permission to implead the applicant in the present Special Leave Petition is allowed.
Future Listing: The matter is listed for further hearing on 09‑09‑2026.
Corrective Actions & Future Obligations
Respondents must arrange the Rs. 6 crore deposit and ensure its placement in the designated FDR within the stipulated two‑month timeframe.
Compliance with the FDR holding period of six months is required before any further release or adjustment.
The petitioner may be impleaded as per IA No. 160671/2026, implying additional procedural steps for both parties.
Final Ruling & Enforcement
The order is final and enforceable; failure to deposit the stipulated amount within the prescribed period may attract contempt proceedings or further judicial sanctions.
The case will proceed to the next hearing on 09‑09‑2026, where compliance with the deposit direction and any further arguments will be examined.
